Breaking News
Kraken and Circle Partner to Accelerate Global Access and Utility of USDC and EURC
Kraken, one of the world’s longest-standing, most secure and most liquid crypto platforms globally, has partnered with an affiliate of Circle Internet Group, Inc. (NYSE: CRCL), a global financial technology company and a stablecoin market leader. Together, the two companies will expand access to and the utility of USDC and EURC on the Kraken platform to accelerate the next wave of onchain financial applications.
Kraken has long been one of the leading providers of stablecoin liquidity globally, preferred by users for the depth and breadth of its stablecoin markets. Building on this strong foundation, the partnership with Circle deepens Kraken’s support for USDC and expands access to a powerful suite of stablecoin infrastructure.
Together, the two companies are committed to accelerating the responsible growth of stablecoins as core infrastructure for the new internet financial system. As part of this partnership, Kraken clients gain access to increased liquidity, reduced conversion fees, and new opportunities to deploy USDC across Kraken’s applications. Kraken will also introduce access to EURC, Circle’s fully reserved euro stablecoin.
Since introducing stablecoins in 2017, Kraken has seen consistent growth in demand as users increasingly rely on its crypto platform for trading and payments. That momentum, and Kraken’s overall stablecoin marketshare, has accelerated over the past year as regulatory clarity has improved in jurisdictions across the world and confidence in the category has grown.
“Stablecoins are the financial layer most aligned with crypto’s original architecture. Permissionless, programmable, and global by default,” said Mark Greenberg, Global Head of Kraken’s Consumer Business. “Expanding support for Circle’s products isn’t about ticking boxes. It’s about embedding new opportunities to benefit from Circle-issued stablecoins into products our clients already use and trust.”
“We’re focused on building the world’s largest, most widely used stablecoin network, and partnering with leading platforms, like Kraken, to drive new opportunities for onchain finance,” said Kash Razzaghi, Chief Commercial Officer at Circle. “Expanding access to Circle’s products across Kraken’s established ecosystem can help extend the benefits of stablecoins to their millions of users.”
More information on the partnership, including details around expanded products and opportunities for Kraken clients, will be shared in the months ahead.
- Hidden Costs of Legacy Tech: UK Banks Shelling Out £3.3bn Annually on Managing Core Systems Read more
- Extend Secures $20 Million in New Capital and Hires Seasoned CFO Read more
- Bivial AG launches Instant 24/7 Swiss Franc (CHF) Payments Read more
- New Economist Impact Report Finds AI is Reshaping Insurance – Gradually Read more
- VoPay Expands Embedded Payments Offering with Real-Time PayPal and Venmo Payouts Read more
Bitget Wallet Brings Crypto Payments to PIX, Brazil’s $4.6 Trillion Instant Pay System
Bitget Wallet, the leading non-custodial crypto wallet, has integrated PIX, Brazil's instant payment system, in partnership with local licensee Aeon, enabling users to pay directly with self-custodied crypto by scanning any PIX QR code.
Kraken and Circle Partner to Accelerate Global Access and Utility of USDC and EURC
Kraken, one of the world’s longest-standing, most secure and most liquid crypto platforms globally, has partnered with an affiliate of Circle Internet Group, Inc. (NYSE: CRCL), a global financial technology company and a stablecoin market leader.
Ripple Commits $25M to Boost American Small Businesses and Veteran Career Success
Ripple, a financial technology company that offers crypto solutions for businesses, today announced a $25 million commitment to leading nonprofits Accion Opportunity Fund and Hire Heroes USA.
MiniPay Turns Two with 10 Million Wallets and 270 Million Transactions Pointing to Stablecoins Leading Web3
Opera Limited (NASDAQ: OPRA), a leading global browser and AI agent company, today announced that MiniPay has reached 10 million activated wallets. Two years ago MiniPay set out to make digital dollars feel effortless. Today, the wallet marks its second anniversary with proof that everyday stablecoin money is no longer a theory. Since launch, MiniPay users have activated 10 million MiniPay wallets, showing 500% YoY growth, and completed 271 million transactions moving over $270 million on-chain. The app now runs on Android, iOS, and within the Opera Mini browser in 60 countries, where a typical transfer finalizes in about one second and costs roughly $0.001, a fraction of what legacy rails demand.
Clara and Bitso Business Partner To Launch Stablecoin-Backed Corporate Cards for Businesses in Latin America
Clara, Latin America’s leading corporate spend management platform, and Bitso Business, the B2B arm of Bitso that provides infrastructure for efficient and transparent cross-border payments, are partnering to launch stablecoin-backed payments and corporate cards, enabling companies to make and manage payments with greater speed, stability, and control.
Kraken Has Selected Crypto Risk Metrics To Supply MiCAR-Compliant White Papers
Kraken has selected German data-provider Crypto Risk Metrics to supply MiCAR-compliant white papers in order to ensure compliance with the respective laws in the European Union. By selecting the market-leader in crypto risk-based assessments, Kraken underscores its commitment to regulatory compliance as it expands European adoption of crypto assets.
MoneyGram Reinvents Cross-Border Finance with Next-Generation App
MoneyGram, a leading global payments network for consumers, businesses and communities, today announced its next-generation mobile app, introducing a digital, USD-backed stored value account designed to work seamlessly with both traditional fiat currencies and stablecoins.
Hidden Costs of Legacy Tech: UK Banks Shelling Out £3.3bn Annually on Managing Core Systems
SaaScada released a new report exposing the spiralling costs and failures of outdated core platforms
Extend Secures $20 Million in New Capital and Hires Seasoned CFO
Extend, a leading spend and expense management platform, announced it has secured $20 million in additional capital
Bivial AG launches Instant 24/7 Swiss Franc (CHF) Payments
Bivial AG has launched instant 24/7 CHF payments through the SIC Instant Payments (SIC IP) clearing system
New Economist Impact Report Finds AI is Reshaping Insurance – Gradually
Insurance leaders are beginning to see AI move from hype to real-world impact
VoPay Expands Embedded Payments Offering with Real-Time PayPal and Venmo Payouts
VoPay announced an extension of its payment orchestration platform with real-time payouts to PayPal and Venmo
Bolt Launches Activate, a Founder-First Program to Accelerate Growth in Digital Commerce
Bolt has launched Bolt Activate, a new program designed to help the next generation of innovative digital commerce founders
UPI Launches Program to Extend Payment Network for International Students
UPI announced the launch of its program for international students featuring a comprehensive, one-stop cross-border payment solution